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Jan 11, 2013
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called the debt ceiling. i'll have more headlines next hour. here is a check on markets. >>> the race is under way to win the olympic honor. tokyo's governor made his pitch no london. he addressed more than 100 foreign journalists. >> i have a big passion for sports to come to london for the games. >> it's clear that tokyo's new olympic stadium will be a great venue perhaps even one of the world's greatest. >> committee members said the 2020 games in tokyo would be a dynamic event that could take place in one of the world's safest and most dynamic cities. tokyo lost out on the 2016 games to rio de the tokyo news team held a meeting there. >> compared to four years ago they've taken a step back. they have learned from the 2016 bid. >> i think their continuing the radiation following the disaster is still an issue. quite often in these situations it's the perception rather than reality that's the problem. >> tokyo is facing two competitors. istanbul, turkey would be the first muslim city to hold the games. crew
called the debt ceiling. i'll have more headlines next hour. here is a check on markets. >>> the race is under way to win the olympic honor. tokyo's governor made his pitch no london. he addressed more than 100 foreign journalists. >> i have a big passion for sports to come to london for the games. >> it's clear that tokyo's new olympic stadium will be a great venue perhaps even one of the world's greatest. >> committee members said the 2020 games in tokyo would be a...
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Jan 11, 2013
01/13
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FOXNEWS
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next month, congress will be asked again to raise the debt ceiling. most republicans will oppose that acting for definite spending cuts before more borrowing. does the president care? >> the only viable option here is congress to fulfill -- that congress fulfills its responsibility and ensures that the united states of america pays its bills as it has always paid its bills through the its history. >> bill: just shut up and pay. all right? don't be asking for anything, just pay. it's mr. obama's way or the highway. again, he could use an executive order to ignore the debt ceiling and i will not be surprised if he does. so, what we have here is not a failure to communicate as they once said in the movie cool hand lou. but a president who believes he can do what he wants to do with little accountability. he has already signed executive order changing immigration rules. that was done in the middle of the night. few even know about it if this continues there will be a constitutional crisis in america. unfortunately we the people are slow to understand what
next month, congress will be asked again to raise the debt ceiling. most republicans will oppose that acting for definite spending cuts before more borrowing. does the president care? >> the only viable option here is congress to fulfill -- that congress fulfills its responsibility and ensures that the united states of america pays its bills as it has always paid its bills through the its history. >> bill: just shut up and pay. all right? don't be asking for anything, just pay. it's...
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Jan 11, 2013
01/13
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keep in mind in 2011 we didn't even breach the debt ceiling. big business, wall street, the job creators can't afford another round. these reliable republican allies are saying basically, enough is enough. even karl rove seems to have recognized republicans are in a desperate situation. in his latest "wall street journal" column he rewrites history again, claiming republican leaders never said that they were willing to put the country into default. we're seeing what's behind the curtain. the debt ceiling does not give republicans the leverage they claim to have. in fact, even claiming leverage seems to have put them in a worse position. and made the division within their own party clearer than ever. the tea party extremists seem willing to commit economic sabotage. and the more practical business-minded republicans are doing their very best to talk them right off the ledge. there's a lot more coming up in the next half hour of "the ed show." stay with us. mcconnell says revenue is off the table. >> we've resolved the tax issue now. it's over. i
keep in mind in 2011 we didn't even breach the debt ceiling. big business, wall street, the job creators can't afford another round. these reliable republican allies are saying basically, enough is enough. even karl rove seems to have recognized republicans are in a desperate situation. in his latest "wall street journal" column he rewrites history again, claiming republican leaders never said that they were willing to put the country into default. we're seeing what's behind the...
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Jan 11, 2013
01/13
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do you think if the republicans don't step up on the debt ceiling and don't stand as a bold contrast to the democrats, do you see the emergence of a third party? rig might you look at that? >> no, i think third parties are getting tough. i think it's tough to win as a republican. look, they lost on immigration and they're going to have to do something on immigration. our country is a different place than 50 years ago. they're going to have to do something different fronts. and then popular candidates that will get 20% of the vote. >> sean: aren't they going to have to be the party that saves america from bankruptcy. >> they do-- they had such a great chance. i have to tell you as somebody who negotiates all day long, the deal hurt them. they had more cards a week ago than they have right now. they still have cards, but the cards aren't as good. >> sean: i actually think the cards are better. >> no, no, no, they're not. >> sean: let me tell you why. >> we should have gone over the cliff. >> sean: i agree. >> i hate the word the cliff, but-- it's a phony word by phony people, but we sh
do you think if the republicans don't step up on the debt ceiling and don't stand as a bold contrast to the democrats, do you see the emergence of a third party? rig might you look at that? >> no, i think third parties are getting tough. i think it's tough to win as a republican. look, they lost on immigration and they're going to have to do something on immigration. our country is a different place than 50 years ago. they're going to have to do something different fronts. and then...
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Jan 11, 2013
01/13
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CSPAN
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the debt ceiling, i have always thought the country is not going to not pay its bills. we will not not pay interest on money we have borrowed. is there a point of leverage? that is subject to debate. i think the sequestration and continuing resolution -- the other thing we have is the budget resolution for 2014. you might as well look at them together. there are colliding any way. i would hope that we could get some success of in negotiations to vote now for changes and 30 or 40 years will make a difference. host: john engler joining us until 8:30. talking to us about ceos and taking a look at their thoughts on the budget and federal spending. if you want to join in the conversation, the members will be on your screen. -- the numbers will be on your screen. you can send us off of twitter a question or a comment. send us an e-mail, too. the president nominating jack lew to become the treasury secretary. partly and chiefly because of his budget experience. what are your thoughts about the pick and what he brings to the table? guest: i certainly hope it will be positive. i
the debt ceiling, i have always thought the country is not going to not pay its bills. we will not not pay interest on money we have borrowed. is there a point of leverage? that is subject to debate. i think the sequestration and continuing resolution -- the other thing we have is the budget resolution for 2014. you might as well look at them together. there are colliding any way. i would hope that we could get some success of in negotiations to vote now for changes and 30 or 40 years will make...
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Jan 11, 2013
01/13
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limit, our debt limit. the one trillion dollar coin, intended to allow the president to completely ignore the debt ceiling and just keep on spending on the nation that we've got this trillion dollar coin in the bank. here is the idea. the treasury department would mint a one trillion dollar coin, normally supposed to be federal reserve that makes our money, but this would be done by the treasury department and then they would deposit it in the federal reserve they wouldn't circulate it, but be there astra money in our savings and money would be use today finance our government without consent from congress. on wednesday, the white house press secretary jay carney did not rule it out. >> look it, there's no substitute for congress extending the borrowing authority of the united states. >> will they roll it out. >> you can speculate about a lot of things, but there's not-- nothing needs to come to these kinds of, you know, speculative notion about how to deal with a problem easily resolved by congress doing i
limit, our debt limit. the one trillion dollar coin, intended to allow the president to completely ignore the debt ceiling and just keep on spending on the nation that we've got this trillion dollar coin in the bank. here is the idea. the treasury department would mint a one trillion dollar coin, normally supposed to be federal reserve that makes our money, but this would be done by the treasury department and then they would deposit it in the federal reserve they wouldn't circulate it, but be...
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Jan 11, 2013
01/13
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the debt ceiling, i have always thought the country is not going to not pay its bills. we will not not pay interest on money we have borrowed. is there a point of leverage? that is subject to debate. i think the sequestration and continuing resolution -- the other thing we have is the budget resolution for 2014. you might as well look at them together. there are colliding any way. i would hope that we could get some success of in negotiations to vote now for changes and 30 or 40 years will make a difference. host: john engler joining us until 8:30. talking to us about ceos and taking a look at their thoughts on the budget and federal spending. if you want to join in the conversation, the members will be on your screen. -- the numbers will be on your screen. you can send us off of twitter a question or a comment. send us an e-mail, too. the president nominating jack lew to become the treasury secretary. partly and chiefly because of his budget experience. what are your thoughts about the pick and what he brings to the table? guest: i certainly hope it will be positive. i
the debt ceiling, i have always thought the country is not going to not pay its bills. we will not not pay interest on money we have borrowed. is there a point of leverage? that is subject to debate. i think the sequestration and continuing resolution -- the other thing we have is the budget resolution for 2014. you might as well look at them together. there are colliding any way. i would hope that we could get some success of in negotiations to vote now for changes and 30 or 40 years will make...